NaborsNorris, Real Estate Redefined

10/06/2018

The market is taking a breath, which opens up a window of opportunity for buyers. Current sellers are anxious that we may have topped, so they are becoming nervous. We are also entering the "holiday" seasonal lull (if in doubt, check out your fave retailer). GREAT TIME TO BUY!! But, according to the smart folks, the lack of inventory and historically low interest rates will continue to fuel the market in favor of seller's in 2019.

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening...

06/04/2018

What goes up, must come down, and VICE VERSA!! Better getcha some while the gettin' is still good!!

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to

04/12/2018

No matter the poison being spewed by your news channel of choice, at least where the cost of home ownership is concerned, LIFE IS GOOD!" Get in the game and be the one who "is glad you did" rather than "wish you had"...

There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar amoun

04/06/2018

Watch... Listen... And go save a life....

Buy the DVD from the Official "Coach Carter" Website: http://www.CoachCarterMovie.com Our deepest fear is not that we are inadequate, but that we are powerfu...

03/29/2018

EVERYTHING is relative. The year...1982. The place...Huntington Beach, CA. The property...$168,000 starter house that had been foreclosed upon. The interest rate...17.25% (yes, you read that right). That payment could choke a pig!! Negative amortization loans were all the rage. And you think you got it bad 'cause you missed the 3.5% train? PUHLEASSSSE!!. Ask me whether that investment was a profitable one..

Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year.

03/22/2018

Econ 101... Supply and Demand...

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will

02/23/2018

You cannot buy what you cannot afford! ALWAYS take this first step. It may be easier than you think... or it may be harder...

Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don't have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

02/20/2018

Hmmmm... who woulda thunk it... Let's PLAY TO WIN!!!

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuit

02/07/2018

If you have been straddling that fence, it's time to choose. If you are both selling and buying, it's a double whammy!!

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. E

02/06/2018

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